Thank you for sharing!

Your article was successfully shared with the contacts you provided.
collage of social security card tops (Photo: Shutterstock)

As if seniors didn’t already have enough to worry about as the coronavirus shuts down the economy and threatens their very survival, now comes a new worry. The Trump White House is chasing after another payroll tax cut, in the form of employer contributions to Social Security, that critics say would gut the system.

A Common Dreams report points out that not only does Trump favor yet another cut to the taxes that fund the Social Security program, but he’s also proclaiming a desire to see it cut permanently—a move that would slash the trust fund that pays out earned benefits to seniors every month.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

More from this author



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.